'Fugitive Law Exemptions Would Be Too Problematic'
"); jQuery("#212 h3").html("
"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1447283_1_20190312123010.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1447283-20190312.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1447283-20190312.htm', 'DCS.dcsqry', '' ); } } }); }); });
2019-03-12 HKT 12:30
Randy Shek speaks to RTHK's Janice Wong
A Bar Association committee member on Tuesday poured cold water on a suggestion by former police chief Andy Tsang that proposed changes to extradition laws could be done in two stages so that economic crimes can initially be excluded.
Tsang, who is a member of the Chinese People's Political Consultative Conference, put forward the proposal after business leaders and pro-establishment lawmakers raised concerns about Hong Kong business people being surrendered to the mainland to face trial over white-collar crimes.
The former police commissioner said the move to allow extraditions on a case-by-case basis could only cover violent offences at first, and economic crimes could be added later after a thorough public discussion.
His suggestion has been welcomed by the business sector. But Bar Association member Randy Shek said while it may appear attractive on the surface, such a two-stage process would in fact be very problematic.
"If the suggestion actually goes to taking out all these commercial crimes from the Fugitive Offenders Ordinance, then the knock-on effect would be that all those other countries that have a long-term [extradition] arrangement with Hong Kong will need to revisit their arrangements," Shek told RTHK's Janice Wong.
"There are a lot of very serious crimes that do not involve violence, for example, the theft of hundreds of millions of dollars, money laundering or conspiracy to defraud. These type of offences are no less serious."
Shek also questioned why people accused of economic crimes on the mainland or abroad should be able to escape the possibility of an extradition if those suspected of other offences could not.
HashKey Gets Regulatory Nod To Offer Virtual Asset Services In Ireland
HashKey Group has announced that its subsidiary, HashKey Europe Limited, has received Virtual Asset Service Provider (V... Read more
HKVAX And Victory Securities Forge Partnership To Advance Hong Kongs Virtual Asset Ecosystem
Hong Kong Virtual Asset Exchange (HKVAX), Hong Kong’s third virtual asset licensed trading platform and Victory Secur... Read more
5 Major Banks Mantain Domestic Systemically Important Authorised Institutions Status
The Hong Kong Monetary Authority (HKMA) concluded its annual review of Domestic Systemically Important Authorised Insti... Read more
HSBC, StanChart, Alibaba Cloud Among First Cohort Of HKMAs Gen AI Sandbox
The Hong Kong Monetary Authority (HKMA) and Cyberport have announced the first cohort of its Generative Artificial Inte... Read more
QuickFest 2025 To Focus On AI, Automation, And The Future Of Accounting
QuickFest, the virtual conference tailored for accounting professionals, bookkeepers, and consultants, will return on 1... Read more
5 Stories That Shaped Hong Kongs Fintech Scene In 2024
In 2024, Hong Kong further cemented its position as a leading fintech hub in the world, with the number of fintech comp... Read more